RentBond is just a way that is convenient spend your leasing relationship, your fourteen days’ rent-in-advance as well as other going costs, given by our partner Fair Go Finance.
When you are authorized for RentBond, we are going to spend your loan either straight to your representative, or even to your nominated banking account (yourself) so you can pay your agent or landlord.
Our online application procedure is totally safe and just takes a few momemts to perform.
When authorized, your relationship will likely be compensated in complete on a single or business that is next (dependent on once you use).
Versatile payment choices
We will align your repayments to match your income period.
RentBond – 21 days interest-free
While you wait for your bond refund, RentBond is interest free for the first 21 days if you just need a short-term loan. Therefore in the event that you get your relationship reimbursement and pay off your RentBond loan in complete inside the first 21 times, you won’t spend any interest. Reduced fees and fees will connect easy payday loans in Georgia with part-payments.
We borrow $3,000 and repay it in strong time 21 – the loan is completely interest and fee-free.
We borrow $3,000 and repay $2,000 within 21 times – costs and fees are paid down proportionally to mirror the balance that is unpaid the residual $1,000 continues on as a standard RentBond loan.
We borrow $3,000 and repay it over six months – The loan is addressed as being A rentbond that is standard loan. Interest, fees and fees use.
Whom qualifies for RentBond? As helpful tips, they are a few of the fundamental needs you’ll want to satisfy:
We will assess your RentBond application on a selection of facets, as well as your earnings, your capability to settle the mortgage, as well as your previous credit history.
Be 18 years old or older and residing in Australia
Be used on an informal, part-time or basis that is full-time
Be earning over $500 each week
(Centrelink earnings cannot be your only source and that means you’ll must also be working)
Never have declared bankruptcy within the last few one year
Estimate your repayments
Maybe perhaps Not sure simply how much to borrow? Make use of our handy RentBond calculator to estimate your regular repayments.
Just exactly How RentBond works
Begin your RentBond application here
We are going to direct you to definitely Fair Go Finance, that will evaluate the application
When approved, accept your agreement online
Fair Go Finance will probably pay your loan straight into your bank that is nominated account it is possible to spend your relationship to your representative.
That is it! Your instalments is going to be deducted before the loan happens to be paid back in complete
What exactly is a relationship loan?
A leasing relationship loan is that loan which you can use to pay for your leasing relationship to your real estate professional or landlord and assist you to secure a leasing property.
A relationship loan might help with cashflow throughout your move, allowing you to spend month-to-month instalments in place of one big lump sum payment.
RentBond is really a leasing relationship loan. It is a method for renters to pay for their leasing relationship, 14 days’ lease beforehand, and just about every other going costs, with a personal bank loan that is paid back in the long run.
RentBond is supplied together with Fair Go Finance. You to Fair Go Finance who will take your application and support you through the life of the loan when you apply for RentBond, we’ll be referring.
A RentBond loan can vary from $500 as much as $10,000.
Step one: begin the job at www. Rent.com.au/rentbond
Step two: you shall be expected to accomplish the application online with details including information on your revenue and costs.
Step three: If authorized for RentBond, you will end up served with your loan contract on line. Once you’ve accepted the agreement, your loan profits will likely to be compensated to your representative or even your nominated bank account. Then you’re able to utilize those funds to cover your relationship, two weeks lease beforehand or other moving costs.